217 Chestnut St Grand Forks, ND 58201
Estimated payment $8,311/month
Highlights
- 4 Car Detached Garage
- Central High School Rated A-
- Heating Available
About This Home
Increased rental income for 2025!
Two remodeled garages will begin producing income this year.
Rents have also increased across all 8 units providing additional revenue.
Apartment building for sale. 8, 3-bedroom and a combination of 1ba and 1.5ba. Well-maintained, good rental history. Need 24hr notice for showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,956
Parking
- 4 Car Detached Garage
Home Design
- 11,072 Sq Ft Home
Bedrooms and Bathrooms
- 24 Bedrooms
- 9 Bathrooms
Additional Features
- Lot Dimensions are 140'x100
- Heating Available
Community Details
- Electric Expense $353
- Insurance Expense $8,325
- Professional Management Expense $8,215
- Water Sewer Expense $4,926
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,388 | $345,000 | $0 | $0 |
| 2023 | $11,136 | $315,000 | $35,000 | $280,000 |
| 2022 | $8,767 | $265,050 | $28,000 | $237,050 |
| 2021 | $8,694 | $265,050 | $28,000 | $237,050 |
| 2020 | $8,114 | $251,200 | $28,000 | $223,200 |
| 2018 | $7,429 | $173,700 | $23,400 | $150,300 |
| 2017 | $6,727 | $173,700 | $23,400 | $150,300 |
| 2016 | $5,991 | $0 | $0 | $0 |
| 2015 | $5,492 | $0 | $0 | $0 |
| 2014 | $5,248 | $173,700 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | For Sale | $1,345,000 | -- | $121 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Trustee Deed | $175,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $304,938 | Commercial | |
| Previous Owner | $145,000 | Commercial | |
| Previous Owner | $65,000 | Commercial | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $50,000 | Commercial | |
| Previous Owner | $96,500 | New Conventional | |
| Previous Owner | $96,500 | New Conventional |
Source: Grand Forks Area Association of REALTORS®
MLS Number: 25-611
APN: 44300400074000
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